of 29 Assume that the supply of labour exhibits own price elasticity of 1, and the demand of labour exhibits own price elasticity of O. Any payroll taxes imposed by the government on this market O A will be paid either by employers, or by employees, according to law. OB. will result in the entire tax being effectively paid by employees OC. will result in the entire tax being effectively paid by employers. D. will be paid partially by employers, partially by employees. are